Bloomberg: GBTC discount could signal a bottom, BTC on track for 100K by the end of 2021, BTC replacing gold is happening

There has been a lot of recent discussion regarding GBTC trading at a discount.While acknowledging that circumstances may be different now, this article notes that historically this may signal a bottom for BTC, meaning prices are heading up soon.Bloomberg sees BTC marching towards $100k by the end of 2021, and notes that bitcoin is beginning to replace gold as an alternative investment.Once it hits $100k, Bloomberg sees BTC becoming less volatile. It sees BTC becoming less volatile than Amazon’s stock in 2022.Links to “The Street” summary of the report, and the actual report itself (linked in the article), below.https://bit.ly/2OxMtms via /r/Bitcoin https://bit.ly/38bjNGL